Slaughter Cattle Review - Morning

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LM_CT130
St. Joseph, MO    Wed, August 21, 2013    USDA Market News Service

Morning National Slaughter Cattle Review for Tuesday, 8/20/2013

Tuesday trading was inactive on very light demand in all feeding regions. Not enough
sales for a market trend. Last week in the Southern Plains live sales sold at 123.00.
In Nebraska and the Western Cornbelt live sold mostly at 125.00 and dressed sales
mostly at 198.00. In Colorado live sales sold from 125.00-125.50.

Negotiated sales:
Confirmed:     1,490    Week ago:            1,488    Year ago:            2,715
Wk to Date:    2,401    Week ago to Date:    3,155    Year ago to Date:    4,123

Negotiated, Formula and contract purchases delivered to packers today:
Today:        78,700    Week Ago:           82,500    Year Ago:           88,000
Wk to Date:  164,600    Week Ago to Date:  161,600    Year Ago to Date:  176,400

Negotiated, Formula and contract commitments today: (generally for slaughter
within 7 days)
Today:        88,500    Week Ago:           65,800    Year Ago:           90,300
Wk to Date:  179,300    Week Ago to Date:  177,600    Year Ago to Date:  150,500

Negotiated: prices paid for Domestic Slaughter steers and heifers:
(Information derived from the 5 area weighted average LM_CT100)

Live basis                 Steers                     Heifers
Over 80% Choice            -       avg          124.00-124.00 avg 124.00
65 - 80% Choice            -       avg                -       avg
35 - 65% Choice            -       avg                -       avg
0 - 35% Choice             -       avg                -       avg
Total all grades           -       avg          124.00-124.00 avg 124.00

Dressed basis              Steers                     Heifers
Over 80% Choice            -       avg                -       avg
65 - 80% Choice            -       avg                -       avg
35 - 65% Choice            -       avg                -       avg
0 - 35% Choice             -       avg                -       avg
Total all grades           -       avg                -       avg

Formula purchases: prices established on previous reporting day for 
slaughtered cattle.

Beef Type:                   Domestic:
Head count priced today:        47,200
Weighted avg weight:               851
Weighted avg net price:         195.45

Covers transactions reported at 2:00 pm today.  Comments and market conditions
may include information gathered from voluntary sources, all prices, weights
and head counts are only those gathered through the mandatory reporting system.

Source:  USDA Market News Service, St Joseph, MO
         (816)-238-0678 or (816)-676-7000 e-mail:  stjoe.lgmn@ams.usda.gov
         www.ams.usda.gov/mnreports/lm_ct130.txt

1100c  staff





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